Operating in spacious and modern premises in the very center of Vilnius, “Erudito Lyceum” started the 2023 academic year by opening the new building. The new 6 story building was opened next to the first school building. There are about 700 students studying at the school in 2023.
The total area of the new building is 2.8 K sq. meters and the building is of energy efficiency class A. It has 22 classrooms, a community event space, a STEAM lab, and a modern dining area.
You can read more about the first “Erudito Lyceum” building, which opened in 2022, here.
“Taurus Wealth” team took care of project financing, structure and implementation.
“We are happy to have successfully implemented another project, the second phase of the Erudito Lyceum School, together with the team and partners. During both, the first phase and the second phase of the project, there was a lot of interest from investors. This once again proves that today investors are looking for socially responsible investments that contribute to the creation of public welfare. Thanks to the team and partners who worked consistently and met strict deadlines, the project was successfully managed both financially and in terms of time.” – says Karolis Ražukas, Head of Investment Projects at Taurus Wealth.
This project is the implementation of our socially responsible investment approach – we actively invest in the creation and improvement of education infrastructure in Lithuania and actively look for attractive projects for investors.
Kotryna Stankutė-Jaščemskienė, Head of philanthropy and education at “Orion Wealth”, says that: “Educational projects are one of the company’s most important areas of investment. We are actively looking for new projects both in Lithuania and abroad. The field of education is interesting for investors not only because of the attractive returns, but also because of the socially responsible aspect of the projects – contributing to the creation of the general well-being of society.”
In addition to the direction of schools and kindergartens, we also initiated the project of private student housing and the establishment of the “IAM Student Housing Fund” managed by “1 Asset Management”. The purpose of this fund is investment in modern co-living type student housing in the Baltic countries and CRE, and the target size of the fund is EUR 155,000,000. Currently, student houses are already operating in Kaunas, Vilnius and Riga, and a new location is under construction in Warsaw.
(Lietuvių) Vadovas ir partneris